Summit Hotel Properties
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Summit Hotel Properties's past years’ income statements indicate that its last revenue has increased compared to the previous period by 9% to $736,127,000. Profit margin reached -1%. Total operating expenses were $199,235,000.
Profit Margin
| 2014 | 403.46M | 20.87M | 5.17% |
|---|---|---|---|
| 2015 | 463.45M | 124.43M | 26.85% |
| 2016 | 473.93M | 107.80M | 22.75% |
| 2017 | 515.37M | 99.21M | 19.25% |
| 2018 | 567.27M | 90.92M | 16.03% |
| 2019 | 549.34M | 82.61M | 15.04% |
| 2020 | 234.46M | -149.24M | -63.65% |
| 2021 | 361.92M | -68.58M | -18.95% |
| 2022 | 675.69M | 1.46M | 0.22% |
| 2023 | 736.12M | -9.48M | -1.29% |
INN-PF Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 736.12M | 675.69M | 361.92M | 234.46M | 549.34M | 567.27M | 515.37M | 473.93M | 463.45M | 403.46M |
Cost of revenue | 478.10M | 419.79M | 244.61M | 200.39M | 333.19M | 341.42M | 190.38M | 174.82M | 173.85M | 156.53M |
Gross profit | 258.02M | 255.90M | 117.31M | 34.06M | 216.15M | 225.84M | 324.99M | 299.10M | 289.60M | 246.92M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 199.23M | 197.26M | 142.60M | 141.70M | 139.64M | 141.04M | 240.74M | 212.55M | 207.23M | 190.15M |
Operating income | 58.78M | 67.78M | -15.77M | -102.79M | 81.98M | 125.19M | 83.89M | 82.48M | 80.01M | 47.15M |
Other income (expenses), net | -84.10M | -62.95M | -51.33M | -38.45M | 1.86M | 47.34M | 17.3M | 48.34M | 45.79M | -27.53M |
Income before tax | -25.31M | 4.82M | -67.11M | -147.86M | 83.84M | 90.20M | 101.19M | 106.81M | 125.80M | 21.17M |
Income tax expense | 2.79M | 3.61M | 1.47M | 1.37M | 1.5M | -922K | 1.67M | -1.45M | 553K | 744K |
Net income | -9.48M | 1.46M | -68.58M | -149.24M | 82.61M | 90.92M | 99.21M | 107.80M | 124.43M | 20.87M |
Earnings per share | ||||||||||
Basic EPS | -0.27 | 0.01 | -0.66 | -1.43 | 0.65 | 0.88 | 0.79 | 1 | 1.25 | 0.05 |
Diluted EPS | -0.27 | 0.01 | -0.66 | -1.43 | 0.65 | 0.88 | 0.79 | 1 | 1.24 | 0.05 |
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